Trek speaks on Armstrong’s doping confession

Officials at Trek Bicycle Corp. said they are monitoring the developments of Lance Armstrong's statements.

In a two-part interview with Oprah Winfrey, Armstrong admitted using performance-enhancing drugs when he won seven straight Tour de France titles.

Armstrong rode Trek bikes during those wins. The Waterloo-based company dropped him last fall.

The company released a statement after the second part of the interview aired Friday night.

It said they were hopeful for the future of clean cycling and don't plan to "re-engage" with Armstrong. The statement said they "will monitor the developments of his statements." A Trek spokesman didn't immediately answer an email or call Saturday seeking clarification.